Blue Vector Triples RFID Revenue in 2007.Large Deployments and Customer Expansions Lead to Record Results PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- Blue Vector Systems, a leading provider of RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. solutions for extending business process automation to the edge of a company's operations, today announced that its revenue more than tripled during the last year. The significant increase was led by major deployments of shipping accuracy and remote inventory control solutions for Fortune 500 clients. Highlights of the year included: * A major drug distributor accelerated the deployment of RFID for real-time tracking of life-saving specialty drugs to over 75 hospitals around the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. * A prominent retailer deployed a system to insure shipping accuracy at every dock door in one of the nation's most advanced distribution centers, in the process RFID-enabling over 150,000 containers * A leading logistics firm deployed a Blue Vector system utilizing cellular networking to link item movement in non-networked sites with their current business processes * Deployments included a wide variety of sensor types, including short-range RFID (UHF (Ultra High Frequency) The range of electromagnetic frequencies from 300 MHz to 3 GHz. In the U.S., analog television has used UHF channels 52 to 69 in the 700 MHz band. and HF), long range RFID (semi-active, active), temperature, GPS and barcode. "2007 was a year of larger deployments, and for building out Blue Vector as a company," explained Nancy Anderson, Blue Vector's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "To support our growth, a large part of new hiring occurred in our professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. and customer support areas. Rolling out RFID across locations and integrating it into a company's operations requires a tight collaboration between the customer and their technology providers, and our experience in similar deployments is one of the key selection criteria that companies assess as they choose providers." Blue Vector solutions address the most pressing supply chain and asset management issues facing large manufacturers, distributors, and retailers today, including the need to: * Monitor inventory in the field, whether it is in remote locations, vehicles, or customer sites * Improve shipping accuracy during highly manual operations such as picking, loading, transport and unloading of shipments * Track items at the item level in make-to-order or highly regulated industries * Control the movement of assets in large facilities "We're at a point in time where the ongoing progress in standards development has eased worries about technical obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , and more evolved enterprise solutions are making larger deployments practical," says John Fontanella, vice president of research at AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research. "Now we have early adopters that are moving to define their supply chain processes from the ground up with RFID in mind." About Blue Vector Systems Blue Vector is the trusted choice of industry leaders who are revolutionizing their operations by extending the reach of their current business processes to the edge of their operations. Blue Vector's rapidly deployable network appliances (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything put RFID, barcode, temperature, GPS and motion sensors to work for leading businesses who need to control remote inventory, improve their shipping accuracy, monitor the movement of assets, or track the progress of individual items in production. The company is headquartered in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. . For more information, please visit www.bluevector.com. |
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